A total of 15 projects started construction at a groundbreaking ceremony held in Shenyang Zhongguancun Industrial Park in Tiexi district of Shenyang, capital city of Northeast China’s Liaoning province, on Oct 15.
The projects now under construction have an investment value of 46.4 billion yuan ($6.72 billion) in total and are related to the industry, service and infrastructure sectors.
Construction of these projects highlights the achievements in cooperation between Shenyang and Beijing under a strategic cooperation mechanism, a concrete measure which has been undertaken following the implementation of a new round of strategic revitalization in northeastern China.
The two cities established a strategic cooperation relationship in 2017 to accelerate their industrial transformation.
Shenyang Zhongguancun Industrial Park is a key project in the cooperation between the two areas.
Tiexi district in Shenyang commenced construction on the Shenyang Zhongguancun Intelligent Manufacturing Innovation Center on Jan 17 this year, as a prelude to Shenyang Zhongguancun Industrial Park.
A press conference for the industrial park was held on July 31, which outlined the overall plan for the project's construction.
Of these 15 newly-constructed projects, an artificial intelligence 'internet of things' (IoT) industry project - an investment by Everbright Limited - is a highlight.
The project has a planned investment volume of 20 billion yuan, and aims to build itself into an innovative technology development zone in Shenyang.
Construction of the project will include an artificial intelligence technology innovation public service platform, an intelligent IoT joint research institute, an intelligent IoT R&D and innovation base, an intelligent manufacturing equipment production base and an intelligent IoT application demonstration base.
After these projects are completed, they will play an important role in promoting the industrial transformation and upgrading of Tiexi district and even the wider Shenyang city.